The prices in real estate in Athol, in the Idaho region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Athol has increased strongly during the last 6 months. In April, the average price per sq.feet was $234. In the following month the price per sq.feet increased considerably to $427. The price for the following two months in (June, July) had a considerable increment of 288 %. The price per sq.feet has had a considerable deflation of 37 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $640.5 to $239.5 during August, and September.
Based upon to the price in Athol (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $455,255. During May the price went through a considerable rise reaching $568,041. During the following two months (June, July) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $485,811.25 to $441,730 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $442,793 they are 31 % more affordable than the average price for Athol. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 1 bedroom priced at $413,786.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $235 / sq.feet price in Athol. The properties with the highest average prices have 1 bedroom. They are 94 % more expensive than the average followed by properties with 2 bedrooms with a price at $227 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $442,793 it is 20 % cheaper than the average price in Athol. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $412,057 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $178 / sq.feet followed by "Commercial" priced at $185 / sq.feet. "House" is the cheapest type of property with a $235 / sq.feet value followed by "Commercial" with an average price of $185 / sq.feet.